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Retail Storefronts in Mixed-Use Complex
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821 NW 11 Ave, Portland, OR 97209

The Blocks features ten retail buildings with space for roughly 40 retail and service tenants in Portland’s Pearl District.

Property Size838 SF
Days on Market743

Property Features for 821 NW 11 Ave

General Information

Standard status Active
Size 838 SF
Property subtype RETAIL

Additional Details

Highway Access Yes

Building Details

Tenancy Multi
Listing Agency: SITE Centers - Corporate
Listed By: Dan Bozich
Source: Moodyscre
Added: Jul 19, 2024 Changed: Jul 28 Last Checked: Jul 30 at 1:24PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SITE Centers - Corporate

Investment Insights

Based on property information with market context.

The Blocks is a collection of ten buildings offering retail and service-oriented storefront spaces within a live-work setting in Portland’s Pearl District. The 96,730-square-foot assemblage is home to approximately 40 retail and service tenants and is positioned at the base of residential towers.

Located at 821 NW 11 Ave, the property provides convenient access to downtown Portland and local freeways for commuter travel. The remarks also cite estimated Pearl District population growth of 18% over the next five years.

Key Highlights

  • Ten retail buildings in Portland’s Pearl District, comprising a 96,730‑SF assemblage
  • Approximately 40 retail and service‑oriented tenant spaces
  • Serves the Pearl District’s 24/7 live‑work community

Property Analytics

Current Use

East India Co. ... Restaurant Riverstone Condominiums Condominium Complex Global Service Corps Volunteer Organization Tikitotmoniki Totems Sculpture Radiantly Alive Nutrition Physician

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Daycare Center Tanning Salon Supermarket Butcher Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

7,719
Businesses Nearby
Balanced
Demand for This Use

Demographics for 97209, OR

22,755
Population
16,437
Households
1.4
Avg Household Size
38
Median Age
66%
College-Educated
96%
High-School Grad
1.0 sq mi
ZIP Area
22,755
Density / Sq Mi
$84,059
Median Household Income
$68,731
Median Earnings
$1,669
Median Rent
$573,700
Median Home Value

Market

Vacancy Rate% for Retail in Portland, OR

4.6% 2019
5.6% 2020
5.2% 2021
4.2% 2022
4.4% 2023
4.7% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - The Blocks features ten retail buildings with space for roughly 40 retail and service tenants in Portland’s Pearl District.
Where is this shopping center located?
The property is located at 821 NW 11 Ave Portland, OR.
What are key features of this property?
This property features: Ten retail buildings in Portland’s Pearl District, comprising a 96,730‑SF assemblage; Approximately 40 retail and service‑oriented tenant spaces; Serves the Pearl District’s 24/7 live‑work community
(813) 972-5066 Call to check price and availability
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